North Block pins hopes on large footfall for its pumped-up new income tax regime
Union Budget 2023: The revised new tax regime offers a higher tax exemption, raises the threshold for tax rebate and reduces the surcharge for the super rich. Revenue Secretary Sanjay Malhotra told ET, the government is confident that at least half of taxpayers will shift to the new income-tax regime that has been made more attractive in the latest budget.
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